CA (NASDAQ:CA) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Other equities research analysts also recently issued research reports about the company. Argus restated a “buy” rating and set a $33.70 target price (down previously from $40.00) on shares of CA in a research report on Wednesday, February 7th. Jefferies Group restated a “buy” rating and set a $41.00 target price on shares of CA in a research report on Wednesday, January 31st. Zacks Investment Research upgraded CA from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Monday, October 30th. Barclays boosted their target price on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Mizuho restated a “hold” rating and set a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $34.23.

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CA (CA) traded down $0.28 during trading on Wednesday, reaching $35.06. The company’s stock had a trading volume of 2,212,200 shares, compared to its average volume of 2,627,372. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $14,734.10, a price-to-earnings ratio of 34.71, a P/E/G ratio of 4.47 and a beta of 0.70. CA has a one year low of $30.45 and a one year high of $36.56.

CA (NASDAQ:CA) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.20. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. CA had a return on equity of 16.52% and a net margin of 10.23%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.63 earnings per share. equities analysts forecast that CA will post 2.37 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fieldpoint Private Securities LLC bought a new stake in shares of CA in the third quarter worth about $101,000. Ffcm LLC increased its holdings in shares of CA by 1,808.7% in the fourth quarter. Ffcm LLC now owns 3,073 shares of the technology company’s stock worth $103,000 after acquiring an additional 2,912 shares in the last quarter. Avestar Capital LLC bought a new stake in shares of CA in the fourth quarter worth about $103,000. Captrust Financial Advisors bought a new stake in shares of CA in the fourth quarter worth about $148,000. Finally, Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of CA by 56.3% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after acquiring an additional 2,259 shares in the last quarter. Institutional investors and hedge funds own 68.89% of the company’s stock.

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CA Company Profile

CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.